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Latest commercial and leasing finance commitments up on December

by Staff Reporter6 minute read

The value of total commercial finance achieved a seasonally adjusted increase of 14.4 per cent in January to $51.007 billion, ABS figures revealed today.

The increase was attributed to a rise in both revolving credit commitments (up 20.2%) and fixed lending commitments (up 12.0%).

Leasing finance commitments also rose in January to $627 million, seasonally adjusted. This represented an increase of 7.3 per cent from the $584 million recorded in December 2007.

Published: 12-03-08

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